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2 Cassa Depositi e Prestiti is a key partner for public entities, the development of infrastructure projects and the growth and international expansion of Italian enterprises.

3 MISSION Cassa Depositi e Prestiti is a joint-stock company under public control, with the Italian government holding 70% and a broad group of bank foundations holding the remaining 30%. Cassa Depositi e Prestiti is the main shareholder of major Italian companies operating in Italy and abroad. Cassa Depositi e Prestiti manages a major share of the savings of Italians postal savings which it uses to help support the growth of the country, providing financing to major strategic sectors: transportation networks and local public services, public building and social housing, energy and communication, support for SMEs and export finance, research and innovation, the environment and renewable energy. Cassa Depositi e Prestiti is a key partner for public entities, the development of infrastructure projects and the growth and international expansion of Italian enterprises. Cassa Depositi e Prestiti works with major long-term international institutional investors to provide support for sustainable global economic growth.

6 CDP is SAVINGS in support of national growth The main source of Cassa Depositi e Prestiti s funding is postal savings. Cassa Depositi e Prestiti issues postal savings bonds and passbook savings accounts that are guaranteed by the Italian government and placed through Poste Italiane, the Italian postal service. Over 12 million investors have placed their trust in this safe form of saving: around 10% of all Italian savings. Cassa Depositi e Prestiti also makes use of funding not guaranteed by the government, placing bonds with institutional investors: CDP enjoys the same rating as the Italian Republic. The history of postal savings Cassa Depositi e Prestiti is established CDP begins to use the post office network to raise funds through postal savings, which initially consisted of passbook savings accounts only Funding instruments are expanded with the introduction of postal savings bonds issued by the Ministry of Finance and placed by the postal authorities. The funds raised are entrusted to CDP CDP becomes the issuer of postal savings bonds and passbook savings accounts, with the postal service acting as the outlet for both instruments.

7 CDP is the traditional partner of PUBLIC ENTITIES Cassa Depositi e Prestiti is the leader in financing public investments, granting specificpurpose loans. CDP finances major works and smaller local investments. Cassa depositi e prestiti Roads and transport Public and social building School and university building Sports, recreational and lodging facilities Energy projects Health building projects Water projects These activities are services in the general economic interest and are therefore conducted within a framework ensuring full transparency, accessibility and equal treatment to all entities.

8 CDP is a catalyst for the development of the country's INFRASTRUCTURE Cassa depositi e prestiti Cassa Depositi e Prestiti supports enterprises and public-private partnerships in developing infrastructures, public interest projects and public utility services. Energy, Water, the Environment Traditional and renewable energy District heating Gas Integrated water service Waste, recycling and waste-to-energy Telecommunications Transport and other Infrastructure Roads Railways Local transportation Public building Ports and airports Equity Funds CDP participates in the F2i fund, which invests in brownfield infrastructure in the transportation, gas and energy transport networks, telecommunications and renewable energy sectors ( CDP is a sponsor of two international infrastructure equity funds that primarily finance greenfield projects. Marguerite, which invests in the EU-27 countries in transport infrastructure (TEN-T), energy infrastructure (TEN-E) and renewables ( InfraMed, which invests in the countries of the southern and eastern Mediterranean, focusing on infrastructure in the fields of urban development, transport, traditional and renewable energy and telecommunications.

9 CDP is a key player in providing support to ENTERPRISES Cassa Depositi e Prestiti contributes to the growth of the national economic system by supporting the wide variety of needs of Italian businesses. Strategic firms Promoting growth, improving operational efficiency, fostering business combinations and making Italian firms more competitive internationally - these are the goals of Fondo Strategico Italiano Spa (FSI), of which CDP is the controlling shareholder. FSI acquires stakes in firms deemed to be of significant national interest that are financially stable and offer significant growth and profit - generation prospects ( SMEs - Resources for SMEs: providing access to credit. - Resources for SME extending the term of bank loans at the same rates (SME debt moratorium). - Fondo Italiano di Investimento: expanding the size of companies and fostering business combinations ( Export finance - Financing provided to Italian exporters in cooperation with SACE and banks ( Export bank ). Research and development - FRI: Revolving Fund to support enterprises and research investment. Social housing - Fondo Investimenti per l Abitare: resources for social housing, to support and supplement the social housing policies of central and local government (

10 Cassa depositi e prestiti CDP is a long-term investor Cassa Depositi e Prestiti is a founding member of the Long-Term Investors Club, along with the French Caisse des dépôts (CDC), the European Investment Bank (EIB) and the German Kreditanstalt für Wiederaufbau (KfW). Founded in 2009, the Club is open to other investors from around the world. Its goal is to affirm the key role that long-term investing plays in ensuring financial stability and spurring international economic growth. Through the Club, the members seek to strengthen their ties with one another and sponsor joint initiatives, such as the Marguerite and InfraMed (

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